skip to main content
 
Download

View Options:

Show Everything
Hide Everything

May 3, 2022 at 5:00 PM - Finance Committee Meeting

Agenda
1) Call to Order and Roll Call
Agenda Item Type:  Procedural Item
2) Adoption of Agenda
Agenda Item Type:  Procedural Item
3) Approval of Minutes
Agenda Item Type:  Action Item
3)a. April 13, 2022 Minutes
Agenda Item Type:  Action Item
4) Reports
Agenda Item Type:  Information Item
4)a. Financial Statements
Agenda Item Type:  Information Item
4)a.1. March 2022
Agenda Item Type:  Information Item
5) New Business
Agenda Item Type:  Information Item
5)a. 2022-2023 Budget Development
Agenda Item Type:  Information Item
5)a.1. Updating the 2022-2023 Capital Plan, Long-Term Facilities Maintenance (LTFM) Plan and Bonds accordingly
Agenda Item Type:  Information Item
Description: 

Background
The Operations Division re-evaluates the capital plan annually based on investment priorities and emerging needs. Board policy requires a multi-year capital plan; minimally a 3-year plan.

The Operations Division is recommending the total FY 2023 bond is updated to $64,194,898 as outlined in the MPS Capital Plan FY 22-23 to FY 24-25; specific changes include:
  • Remove $10,000,000 technology - investment funded from previous bonds
  • Remove $843,648 for Fleet Replacement - investment funded from previous bonds
  • Delay bonding for Edison CTE Renovations $477, 269
  • Delay bonding for Roosevelt CTE Renovations $5,702,930
  • Delay bonding for Wilder entrance $4,705,470
     
6) Adjournment
Agenda Item Type:  Procedural Item

<< Back to the Public Page for Minneapolis Public Schools Board of Education